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You can invest as little as $1,000 in each property that means that you can develop a portfolio of different property types and in different areas for that diversification. In addition, you get professional management of those projects. The project owners send all equity or debt payouts throughout the platform and it gets passed on to investors. .

Since these are longer-term projects, short-term economy hiccups shouldnt affect them. Real estate costs may follow the economy somewhat but there is still that natural demand from homeowners and commercial customers so that supports prices.

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I researched real estate crowdfunding sites on returns and found that debt investments average around 9% whilst equity returns average 15 percent annually. I invest in property debt on PeerStreet and in debt. I like investing on more than one platform because it gives me access to as many deals as you can. .

Clients to the channel have likely already seen the videos on our next passive income notion, self-publishing. Ive been self-publishing on Amazon since 2015 and also have 10 books that averaged $1,857 per month this past year.

Before you think you cant write a book, anyone can do this and it's so straightforward. In reality, self-publishing is a natural fit for bloggers since youre already writing the content. All you need to do is reformat it and turn it into a publication for another income source.

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Im making an average of $185 per month on every book and you can generate a new book every couple of months when youre really concentrated. The best thing about self-publishing is that once you have it published on Amazon, theres almost nothing left to perform. I spend about $20 per month on advertising for every book and thats it. .

So if youre doing a book every 2 months, youll have your $5,000 per browse this site month in just over two years and thats going to become consistent income every month even if you give up writing.

Another investment I highlighted recently was p2p lending through Lending Club. Ive been investing in p2p for a few years now and have reserved returns only under 10%. Now that may not sound great against double-digit stock returns but its dual what you get from other fixed-income investments.

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Investing in loans is nothing new. In fact, I guarantee you have money in them via any pension plan or insurance. You see banks sell their loans to investors who need reliable cash flow so their biggest buyers of loans are pensions and insurance companies.

I average just under 10% annually on the loans about $1,000 on every $10,000 invested. Now thats a calendar year so youll need a bit invested to create get redirected here that $5,000 a month but even a small portfolio will constantly be putting cash in your account. You get paid principal and interest monthly on your loans so its a great cash flow investment. .

What I enjoy about p2p investing on Lending Club is your sites automated investing tool. You pick the standards for loans in which you want to invest and the application does the rest. It will search for loans every day that fulfill those factors and mechanically invest your money. Its important as youre collecting money on your loan investments every day so you want that money reinvested as soon as possible. .

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The automatic investing tool on Lending Club makes the investment completely passive. I might only check in on my account once per month or you could check here even more often. I know that app is going to keep investing my money for a stable and passive return.

Our next passive income idea is another twist on crowdfunding called Patreon. The website is encouraged as a crowdfunding site for creative people like artists and writers but really its for anyone with a side-hustle notion.

Patreon is actually how the arts used to work hundreds of years back. Back during the renaissance, artists used to ask the rich to be their patrons to support their work through regular contributions.

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So now the site Patreon provides you the opportunity to get patrons for your own works. You build a community of people interested in your work, another usage of a site that will double-duty with this passive income plan, and then ask them to make contributions each time you produce something. .

Now patrons dont come off empty-handed, you provide benefits and copies of this job. So for a writer, you might offer copies of your books. You could promise to publicly thank patrons on your blog or to market something of theirs in the long run.